Ripple: How High Can XRP Surge This Weekend? Will It Break Past $0.75?

XRP is one of the leading cryptocurrency tokens in the crypto market. With the token’s recent win against the US SEC, market anticipations concerning XRP have started to run high, fueling hopes of XRP breaching the critical $1 mark.

However, for the token to enter a bullish realm, it must first break past the critical barrier of $0.75. Will XRP be able to establish a new ATH this weekend?

Also Read: AI Sets Shiba Inu (SHIB) Weekend Price (August 31st-September 1st)

XRP To $27? One Expert Thinks So

XRP
Source – Coinpedia

Notable crypto analyst Egrag Crypto has made an ambitious price prediction. The analyst pointed out that XRP can surge as high as $27 once it crosses the critical price barrier of $0.75. The data uploaded by the analyst was supported by Fibonacci metrics, indicating the seriousness associated with the prediction. XRP is trading at $0.56 at press time, down 1% in the last 24 hours.

Egrag Crypto later pointed out a crucial price element. While explaining his Analysis further, the analyst pointed out that if XRP can channel its 2017 bullish streak again, it may breach the 0.618 FIB level. Once the conditions above are met, the XRP price can skyrocket to $27 without additional delays.

“#XRP Half Pump Could Lead to $27! The Fib Channel is an amazing leading indicator! If #XRP experienced half of its 2017 pump, it could reach the 0.618 Fibonacci level. This puts the target around $27! The gate will swing wide open once we close above 0.75c with conviction! .”

Also Read: Cardano: Chang Fork Schedule For September 1st, Will ADA Peak Then?

Is $0.75 On Cards For XRP This Weekend?

According to a notable crypto analytics platform, CoinCodex, XRP may see a stellar uptick of 30% by September 1st-2nd, which could catapult its price to $0.73.

Image: CoinCodex

However, the token may note a slight price variation after September 1st, helping it stabilize around $0.66 around September 5th.

Image: CoinCodex

Also Read: PEPE and BONK Price Prediction For September 2024

“The Ripple price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Ripple projections, XRP will be changing hands at $ 0.66966 on Sep 5, 2024, gaining 18.92% in the process.”

  • Ripple
  • xrp

Comments

Post a Comment

Popular posts from this blog

Iran completes pre-pilot phase of central bank digital currency

The Central Bank of Iran progresses with CBDC development in anticipation of the Bank of Russia’s governor Elvira Nabiullina’s visit. Iran is moving forward with its central bank digital currency (CBDC) plans, completing preliminary research for the launch of a potential digital rial. The Central Bank of Iran (CBI) has successfully completed a pre-pilot phase in the development of Iran’s CBDC, according to an official statement by CBI’s research arm, the Monetary and Banking Research Institute (MBRI). Mohammad Reza Mani Yekta, head of the CBI office for supervising payment systems, announced the news at the ninth annual conference on electronic banking and payment systems on Feb. 20. He noted that Iran’s central bank plans to increase the scope of the CBDC pilot in the country’s payment system, but doesn’t want to rush its implementation. “The pre-pilot phase ended successfully with valuable achievements. The project will soon be launched in other ecosystems and will be used by mo...
Read more

5 Cryptocurrencies Outperforming Others in the Top 100

Image
WLD’s successful rise above the $8 resistance could trigger a jump toward $10. AR might slip below $20 while selling pressure could lead PEPE down to $0.0000013. Increased buying pressure could send FET above $2 while FLR’s momentum had turned bearish. Over the last few weeks, the broader crypto market has experienced major upside with Bitcoin (BTC) hitting $64,000 at one point. However, apart from Bitcoin’s jump, there have been several cryptocurrencies that have been in the spotlight and performed exceptionally. Here are the top five best-performing coins in the top 100. Worldcoin (WLD) Worldcoin’s (WLD) price increased by 217.82% in the last 30 days. At a particular time, the price of the token crossed $9. However, in the last seven days, the upward trajectory had cooled, and at press time, Worldcoin changed hands at $7.72. Based on the 4-hour WLD/USD chart sellers might have gotten exhausted with support appearing at $7.25. However, a build-up bac...
Read more

ChatGPT 4-o predicts Solana price amid ETF forecast for 2025

Image
Solana (SOL), currently the fifth-largest cryptocurrency by market capitalization, has experienced a notable price jump in the past 24 hours.  This rise is fueled by VanEck, a well-known New York investment management firm, filing an S-1 registration statement for its “VanEck Solana Trust,” marking the first attempt to launch a spot Solana exchange-traded funds (ETFs) in the U.S. In addition, Canadian firm 3iQ Corp recently filed a preliminary prospectus to introduce the Solana Fund (QSOL) in Canada. These filings have generated substantial interest and speculation about Solana’s future price trajectory.   Picks for you 3 cryptocurrencies to turn $100 into $1,000 for end of 2024 32 mins ago Here's Bitcoin's ...
Read more